Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 1,828 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $200.00, for a total value of $365,600.00. Following the sale, the chief financial officer owned 127,345 shares of the company’s stock, valued at $25,469,000. The trade was a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aidan Viggiano also recently made the following trade(s):
- On Friday, May 15th, Aidan Viggiano sold 1,376 shares of Twilio stock. The shares were sold at an average price of $197.44, for a total value of $271,677.44.
- On Thursday, April 2nd, Aidan Viggiano sold 9,389 shares of Twilio stock. The shares were sold at an average price of $127.51, for a total value of $1,197,191.39.
- On Tuesday, March 31st, Aidan Viggiano sold 8,231 shares of Twilio stock. The shares were sold at an average price of $122.79, for a total value of $1,010,684.49.
- On Monday, March 2nd, Aidan Viggiano sold 806 shares of Twilio stock. The shares were sold at an average price of $125.00, for a total value of $100,750.00.
Twilio Stock Down 3.3%
Shares of NYSE:TWLO opened at $183.14 on Friday. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average of $147.89 and a two-hundred day moving average of $134.12. The stock has a market cap of $27.80 billion, a P/E ratio of 286.16, a PEG ratio of 3.94 and a beta of 1.32. Twilio Inc. has a 52-week low of $91.84 and a 52-week high of $203.71.
Hedge Funds Weigh In On Twilio
Several hedge funds have recently bought and sold shares of the company. Western Wealth Management LLC acquired a new position in Twilio during the 1st quarter worth about $144,000. Oddo BHF Asset Management Sas lifted its stake in Twilio by 5.4% during the 1st quarter. Oddo BHF Asset Management Sas now owns 19,987 shares of the technology company’s stock worth $2,515,000 after acquiring an additional 1,018 shares in the last quarter. Atreides Management LP lifted its stake in Twilio by 28.5% during the 1st quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock worth $115,956,000 after acquiring an additional 204,656 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Twilio by 30.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,405 shares of the technology company’s stock worth $177,000 after acquiring an additional 324 shares in the last quarter. Finally, Readystate Asset Management LP lifted its stake in Twilio by 26.5% during the 1st quarter. Readystate Asset Management LP now owns 39,883 shares of the technology company’s stock worth $5,018,000 after acquiring an additional 8,356 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently commented on TWLO shares. Oppenheimer upped their price target on Twilio from $200.00 to $235.00 and gave the company an “outperform” rating in a research note on Monday. TD Cowen upped their price target on Twilio from $160.00 to $210.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Argus raised Twilio to a “strong-buy” rating in a research note on Thursday, February 19th. Citizens Jmp upped their price target on Twilio from $185.00 to $210.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. Finally, Rosenblatt Securities upped their price target on Twilio from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $195.40.
Check Out Our Latest Stock Analysis on Twilio
Twilio Company Profile
Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.
The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.
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